VAIL RESORTS INC

Ticker: MTN CUSIP: 91879Q109 Class: Common Stock

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

Note: Option positions (PUT/CALL) are excluded.

Q3 2018

Shares 1,223 Value ($000) $336 Avg Close $287.87 Range $272.49 - $302.76

Q1 2018

Shares 922 Value ($000) $204 Avg Close $218.90 Range $200.68 - $235.99

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	1,223	$336	$287.87	$272.49 - $302.76
Q1 2018	922	$204	$218.90	$200.68 - $235.99